₦airaland Forum

What happened to the popular mantra usually echoed at times like this. I just can’t find it anywhere. What happened to…….”Buy the Dip”?

iLegendd:
Crypto is simple.

There are 1-2 red vulture days every single year and it's always bloody and a minimum of -12 dump in a day with billions in liquidation. Prepare for at least 1 of them, if not two of them no matter how long they take.

Also, there are months they usually happen and has been consistent, so prepare for them.

Study the re-se-bu-bum guide because it analyzed everything in a lay man's language and it hasn't failed yet.

Note: Crypto is predictable, but all of us are liars, so we tend to say it's not predictable just to make newbies happy.

And oh, learn to buy mostly in No-DJ months and A or A+ setup only. For B and B+, that's like gambling, but sometimes pays.

And also don't forget, have a long-term plan (1-4 years) with BTC and top 10 coins and use mostly bigger timeframe when analyzing the market to get a better picture of the situation.

Lastly, BTC is a blessing to mankind, so don't allow an ordinary red vulture day change your mind.

Study history and behaviour of BTC and watch how it always rhymes even if the timing is not not exact.

The market rewards a deligent specialist.

I hope your portfolio escaped form this liquidation as a diligent specialist

Yeah I know but am not worry I guess maybe because this is just a side investment. In my years in offline business have got to understand that the higher the risk,the higher the profit. I plan to Exit 80% after this bull Run but even if No Bull run I won’t Exit till whenever it comes even if Na next 5yrs 😂..

Ojemedad:
You see those long wicks down price will revisit it, alts will die even more, btc @ 95/95 is sure. Except you want to buy and exit for any relief pump.

Ojemedad:
A real crypto trader will know this correction is just about the corner. There have been too much profit in the market for the last 6 months, no two ways about it. I’ve been out of the market for the last 2 months, was so scared of this that I remained to be sidelined and keep my capital since I’m into futures.
Anyone who advises you to keep buying after market been pumping for the past 3-5 months is purely a wicked human.
The market has no emotions, this is either the end of this cycle or the real beginning of alts season. Don’t go in yet, we’ve not seen the end yet. Preserve your capital, in this space we are all gamblers irrespective of what others will say. Being a gambler is not a crime.

I thought it was buy the dip all along so when did the market pumped and we didn't know.

Got wipe out yesterday, it's crazy this is happening to me the second time first this year Feb 26 now again

GRACEGLORY:
You must take advantage of the event yesterday and seize this opportunity. Don't sleep on it.

Spiritualizt:
Got wipe out yesterday, it's crazy this is happening to me the second time first this year Feb 26 now again

Are you in spot, or you leverage, or in futures, sir ❓

narit:
What happened to the popular mantra usually echoed at times like this. I just can’t find it anywhere. What happened to…….”Buy the Dip”?

Rest, ah!
We buy the dip, we just don't tell.

NJV:
Pls will it be safe to buy Doge now?

Since it's in top 20, yes, but some coins will still go down a little more or at least try to retest this low to an extent.

Spiritualizt:
Got wipe out yesterday, it's crazy this is happening to me the second time first this year Feb 26 now again

The one that happened, did you diagnose the situation, take notes and write out what you should do better next time to avoid it or at least not get rekt? I know you didn't.

What doesn't get documented doesn't get analysed and always repeats.

Enjoy!

I really don't understand people sha. Well, that's why crypto will forever be profitable because people will always be greedy or scared. Do you honestly think BTC will go down forever?

It's going down,people are shorting. A time will still come where shorts even with 2x leverage will be liquidated and people will quickly rush to buy at 200k dollar, holding for one santa Claus to invest 1Trillion dollars so btc can reach 300k.

This crypto market is like a scale and from Illegend's teachings, i have come to understand it clearly. Banks, government and even Hedgefunds can nuke the market, they just need the right environment, that's how they make money.

Invest say 10trillion dollars and within 1week, they've made 20% returns on their investment snd they're out of the market till the next 6 months.

So why not think like them? These dips are perfect time to buy the low and the low of the low and the low of the low till your usdt finishes.

Analyscam50:
This is the worst bull run ever
I mast.urbated 7 times last night.

My exchange is down.
I am left with pennies in my wallet.
Solana nearly killed me

If I didn't die yesterday, I won't die again

Go and get a spouse and transfer you anger by banging the hell our of her.

dauntless15:
Lol na God help me I was so tired while watching it crumble I slept off, would have hated myself more of I stayed awake all night for that rubbish, na money person loose no be die person die, life goes on.

lol same thing happened to me. I was watching it happening and grumbling within my self , didnt even know how I slept off holding my fone. I woke up this morning to see if the account is -0 to God be the glory the account recovered to half of my capital as crypto and Forex never kill me since 2021 Omo I move on. I wount rest till I blow by fire by force

Clemss88:
lol same thing happened to me. I was watching it happening and grumbling within my self , didnt even know how I slept off holding my fone. I woke up this morning to see if the account is -0 to God be the glory the account recovered to half of my capital as crypto and Forex never kill me since 2021 Omo I move on. I wount rest till I blow by fire by force

Na curiosity dey do me, otherwise i have something else doing, it wouldn't hurt to diversify, but na burn crypto dey always burn me, whenever I win it'll take it back the next day, e come be like say na sporty I dey play, pumping money into with nothing to show for it, it's like na copy trading I wan try now, I'm tired.

Bear market 🐻

iLegendd:
Since it's in top 20, yes, but some coins will still go down a little more or at least try to retest this low to an extent.

Ok boss. Thank you

It is recommended to trade with your spare cash, even if it's $10. I will tell you for free that when I opened my account last night and saw the magic happening, I wasn't happy but I wasn't too sad either . This is because I have my spare $ unaffected, and other assets were all in spot.

Let me also state that I have completely withdrawn all my capital invested in Dec-24. So I have nothing to fear as I only trade with the interest I made Nov/Dec last year. Please note I started trading crypt2 in 2017 and I kept investing the little I have into wrong assets and buying at the wrong time. I was in loss until last year qrt4. That was because I invested again last year after I took my time to study what I am putting my money into.)


The reason I'm saying this is for those who says crypt2 trading is bad, I think the problem is your expectations from Crypt2, your entry, and source of income.
You expect to much, and wants to make it big within a short period of time.
You do not study the asset well before buying, therefore you buy at a higher price.(Tentative).
If you must trade crypt2, make it your other source of income, meaning you are just trying to grow your reserved funds through this means. You have to be earning well, feeding well, and paying bills from your main source of income, with this, you will have a relaxed emotion when trading or investing with your spare cash.

There are those who's main source of income comes from trading forexx, crypt2, stocks. These are people who have built resilience, patience, and master the act of trading. If you have not trained yourself to be like them, please invest with what you can lose and get a paying job.

Don't blame Crypt2.- even the job you do does not guarantee your success, your govt did not make you successful, how do you expect something that owes you nothing to make you a billionaire??
Use your success key wisely

dauntless15:
Na curiosity dey do me, otherwise i have something else doing, it wouldn't hurt to diversify, but na burn crypto dey always burn me, whenever I win it'll take it back the next day, e come be like say na sporty I dey play, pumping money into with nothing to show for it, it's like na copy trading I wan try now, I'm tired.

let's just hope for the best. I still believe I'll hit with one of the coins I'm holding just like how I rode solana from $8 to $170 n bch from 80+ to 450.

Black Monday has been trending on Twitter. Sell-offs by institutions may come next week.

Clemss88:
let's just hope for the best. I still believe I'll hit with one of the coins I'm holding just like how I rode solana from $8 to $170 n bch from 80+ to 450.

hope, sadly that's the most you can do.

My second wife called me... Around 11pm, after talking to her I just thought let me check my portfolio b4 I go back to slp... Whelp I saw everything collapsing.
Sold MUBARAK at 28....bought back at 18.
Joy wan wound me. Damn

This market needs to be regulated. Insider trading and manipulations everywhere.

No be today Trump dey drop tariff wey we dey price am in. If binance didn't play dirty yesterday, prices would have held at key support levels instead of cascading horribly like they did.

Bitcoin is not below $100k yet o

This is not the right time to buy into the market

Market closes on Friday and the heavy crash happened after most traditional brokers officially closed on Friday!


Check The timing, market crashed by 11pm -12am


Once market opens today by 10pm

Another sell off might resume to continue sell offs from people who placed trades on native brokers

There is no manipulation here .
It showed on the charts clearly!

Correction is still ongoing

Gucciboy:
I thought it was buy the dip all along so when did the market pumped and we didn't know.

Btc, Eth and sol has been on the rise, the rest are shit coins

patjane:
Yeah I know but am not worry I guess maybe because this is just a side investment. In my years in offline business have got to understand that the higher the risk,the higher the profit. I plan to Exit 80% after this bull Run but even if No Bull run I won’t Exit till whenever it comes even if Na next 5yrs 😂..

What if this is the beginning of the bear, I’m not sure you’ve experienced bear season people. Some of the so called coins you’re planning to hold will be delisted. Seems you are printing money in your backyard

OgogoroFreak:
Bitcoin is not below $100k yet o

I just heard crypto influencers 'big names' driving Lamborghini jeeps and having millions of followers have begun kpaing themselves

At least they had lambos what do our local Nairaland crypto influencers drive first? 🤔

No crying in the casino, make all these teach us sense. Don’t buy into any alts, even so called Eth. Stick with btc

Uptober:
This crash rekt a lot of people but at the same time there are some people who made a lot of money from it

Insiders made money. Read of a wallet who opened sharp shorts at btc to and doubled down minutes before the crash and walked away with about 190m.

Truth is how did he close the trade if most of the exchanges went working. Maybe he put tp sha.

Majority of the others lost. Most of them everything. People on leverage and longs all got wiped out. Even 1.25.

It cleaned house.

Not a problem if the so called coins are delisted. Like I said this is a side investment and moreover funds in crypto are what I can afford to lose..

Ojemedad:
What if this is the beginning of the bear, I’m not sure you’ve experienced bear season people. Some of the so called coins you’re planning to hold will be delisted. Seems you are printing money in your backyard

As regards the recent dip, which coins do you recommend we buy and hodl?
I got some solana @190.

Which other coins do you recommend and why?

any1 shorting ZEN?


hunterGunNer